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Interbasin Compact Committee Fact Sheet The Statewide Water Supply Initiative (SWSI) quantified the growing demand and intensifying competition for water in Colorado. Recognizing that meeting our state’s future water needs required a new process for nego tiating and managing Colorado’s complex water issues, the 2005 state legislature passed “The Colorado Water for the st 21 Century Act”. The law created two new organizations: ? Nine independent Basin Roundtables ? The Interbasin Compact Committee What is the Interbasin Compact Committee? The IBCC, the committee tasked with bringing Colorado’s competing water interests to the table to negotiate the state’s most difficult water issues, serves as the central point for bringing together representatives from each of Colorado’s water basins to work toward common solutions. The 27 - member committee includes individuals appointed by the governor and the Colorado General Assembly and appointed from the basins they represent. What are the Basin Roundtables? The Basin Roundtables represent a variety of water interests within each of Colorado’s water basins. Each of the nine roundtables is required to develop a water needs assessment for its basin, analyze any unappropriated water in its basin, propose projects to meet f uture water needs, and inform, involve, and educate the public on roundtable activities and negotiations. Membership on each roundtable includes represent atives from each county in the basin, representatives from municipalities throughout the basin, a rep resentative from each water conservancy and water conservation district in the basin, one member appointed by the legislature, ten at - large members representing environmental interests, agricultural interests, recreational interests, local domestic water p roviders and industrial interests, at least five members who hold adjudicated water rights in the basin and non - voting members who live outside the basin but hold water rights within the basin. How does the funding work for Basin Roundtable projects? In 2006 the legislature provided $10 million a year for four years to the Colorado Water Conservation Board to provide grants for water activities approved by the roundtables. The projects must fall into the following categories: ? Grants for environmental comp liance and feasibility studies ? Technical assistance regarding permitting, feasibility studies, and compliance ? Studies or analysis of structural, nonstructural, consumptive, and non - consumptive water needs, projects, or activities ? Structural and nonstructur al water projects or activities For a listing of the initiatives that have been funded to date, go to http://cwcb.state.co.us/IWMD/grantsLoansIndex.htm . For more information on the IBCC st a nd basin roundtables, go to www.dnr.state.co.us and click Water for the 21 Century.